Gic-backed Thoughtworks Soars In Flurry Of High-performing Us Ipos, Companies & Markets News & Top Stories - The Straits Times

by straitstimes.com posted 1month ago 108 views
September 16, 2021 8:26 AMIt raised $1.05 billion in one of four large IPOs priced above their marketed ranges. : SAN FRANCISCO (BLOOMBERG) - Technology consulting firm Thoughtworks Holding climbed as much as 40 per cent in its trading debut after raising US$773 million (S$1.05 billion) in one of four large initial public offerings (IPOs) priced above their marketed ranges. Leading a burst of US IPOs that delivered first-day gains for investors on Wednesday (Sept 15), the Chicago-based company's shares closed at US$29.39 in New York trading, giving the company a market value of almost US$9 billion.

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